In brief: SoftBank reportedly plans to add $15b to massive tech fund
nJapanese multinational conglomerate SoftBank Group is looking to add about US$15 billion to its already-sizable Saudi-backed Vision Fund, said people...
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In brief: SoftBank picks Nokia and Ericsson for 5G rollout, snubs Huawei
nnSoftBank Group‘s Japanese telecom unit selected Nokia and Ericsson as vendors for the rollout of its 5G wireless network, excluding...
In brief: SoftBank leads $200m round for India’s Grofers
nSoftBank Vision Fund led a US$200 million investment round for Indian online grocery startup Grofers, pushing the startup’s valuation to...
In brief: SoftBank CEO cancels speech at Saudi event amid outcry over journalist killing
SoftBank Group has become the latest high-profile technology business to drop out of an investment conference in Saudi Arabia, following...
In brief: Singapore energy startup gets backing from Japan’s largest utility company
Electrify, a Singapore-headquartered technology startup, has received strategic investment from the Tepco Frontier Partners, a subsidiary of Japan’s largest utility...
In brief: Salesforce Ventures commits $100m for Japanese cloud startups
Salesforce Ventures – the corporate investment arm of customer relationship management platform Salesforce – has introduced a new US$100 million...
In brief: Oyo, Yahoo Japan to launch apartment rental service
nIndian hotel management firm Oyo has entered into a joint venture with Yahoo for an apartment rental service in Japan. Oyo...
In brief: Mercari reports $10m quarterly loss
n Japanese ecommerce startup Mercari, which went public last year with great fanfare, booked a quarterly loss of 1.1 billion...
In brief: Line partners with Visa to launch credit card
Line Pay announced today plans to introduce in Japan the Line Pay co-branded credit card in partnership with Visa. The...
In brief: Line launches first dApps on its blockchain
n Line Corporation has announced plans to launch five new decentralized apps (dApps) in the following service categories: prediction, Q&A,...